September 30, 2010 — The University of Virginia Patent Foundation is making it easier for U.Va. researchers to engage in the commercialization of their discoveries. On Oct. 6, the Patent Foundation will open the doors of its new satellite office, located on Grounds in Thornton Hall at the School of Engineering and Applied Science.
"PF Express" will be staffed Wednesdays from 8:30 a.m. to 12:30 p.m. and by appointment. Investigators from all U.Va. disciplines are welcome to drop by Thornton Hall's room A-123 to learn about technology transfer and commercialization or to discuss their research.
"We're so excited to have a location on Grounds that is near and more accessible to many of our inventors," said Miette H. Michie, executive director and CEO of the patent foundation. "I'm grateful to the Engineering School and the Office of the Vice President for Research for sharing their space with us and recognizing the importance of bringing valuable technology-transfer resources to researchers' own backyard."
Researchers in six of the Engineering School's nine departments reported more than 40 inventions to the Patent Foundation last year, accounting for nearly 30 percent of the University's 139 total inventions in Fiscal Year 2010.
"The basis of engineers' work is producing technologies that help to address the world's most pressing challenges – everything from life-saving biomedical devices to advancing alternative energy solutions," said James H. Aylor, dean of the School of Engineering and Applied Science. "The Patent Foundation is an essential partner in helping our faculty members bring these technologies to market, so we are excited to welcome them to Thornton Hall."
The Patent Foundation is headquartered in the Lewis and Clark building, located on the west end of Charlottesville's Downtown Mall near the Omni Hotel. A map and visitor parking information are available on its website link.
About the University of Virginia Patent Foundation
Established in 1977, the University of Virginia Patent Foundation is a national leader in technology transfer. The Patent Foundation has put more than 600 of the University's early-stage research discoveries on the path to commercialization through effective partnerships with industry. A non-profit organization dedicated to serving U.Va. researchers, the Patent Foundation has distributed more than $40 million in revenues to the University and more than $21 million to U.Va. inventors since its inception.